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  • 标题:Can Second-Generation Endogenous Growth Models Explain The Productivity Trends and Knowledge Production In the Asian Miracle Economies?
  • 本地全文:下载
  • 作者:James B. Ang ; Jakob B. Madsen
  • 期刊名称:Discussion Paper Series / Department of Economics, Monash University
  • 出版年度:2010
  • 卷号:1
  • 出版社:Monash University
  • 摘要:Using data for six Asian miracle economies over the period from 1953 to 2006, this paper examines the extent to which growth has been driven by R&D and tests which second-generation endogenous growth model is most consistent with the data. The results give strong support to Schumpeterian growth theory but only limited support to semi-endogenous growth theory. Furthermore, it is shown that R&D has played a key role for growth in the Asian miracle economies.
  • 关键词:Schumpeterian growth; semi-endogenous growth; Asian growth miracle
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